The Part of Consumption That Is Independent of Disposable Income

question 85

Multiple Choice

The part of consumption that is independent of disposable income is called

• A) automatic consumption.
• B) fixed consumption.
• C) personal consumption.
• D) autonomous consumption.

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Definitions:

Professional Women

Women who are engaged in a profession or particular profession that requires specialized knowledge and often long and intensive academic preparation.

Earn

To receive money or another form of compensation in exchange for labor or services provided, or as a return on investment.

Productive

Being effective in producing desired results or high yields with minimum wasted effort or expense.

Workplace Accidents

Unplanned events in a work environment that result in injury, illness, or damage.